uCloudlink Group Inc. (UCL)

uCloudlink Group Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	27.68	23.37	14.92	7.87	21.99	37.32
Short-Term Investments	6.97	8.94	13.1	14.17	21.73	2.52
Cash & Short-Term Investments	34.65	32.31	28.02	22.04	43.71	39.84
Cash Growth	27.38%	15.31%	27.15%	-49.58%	9.73%	2.36%
Accounts Receivable	8.45	9.43	6.66	16.08	9.01	26.46
Other Receivables	-	1.06	0.72	1.47	0.63	1.78
Receivables	8.45	10.5	7.37	17.55	9.63	28.24
Inventory	2.09	2.18	3.62	6.13	5.85	10.52
Prepaid Expenses	6.35	3.83	2.16	2.55	3	1.66
Restricted Cash	-	-	-	-	8.24	2.95
Other Current Assets	-	0.2	0.16	0.81	1.51	2.07
Total Current Assets	51.54	49.02	41.35	49.09	71.94	85.27
Property, Plant & Equipment	5.76	4.75	1.39	1.8	3.03	3.79
Long-Term Investments	1.97	1.96	1.71	13.93	19.13	0.43
Other Intangible Assets	0.56	0.65	0.8	1.01	1.04	0.6
Other Long-Term Assets	-	0.23	0.69	1.31	2.12	-
Total Assets	59.81	56.61	45.93	67.13	97.25	90.1
Accounts Payable	6.98	5.33	6.85	13	8.71	16.73
Accrued Expenses	23.19	22.89	22.28	24.71	22.72	17.87
Short-Term Debt	4	5.3	2.88	3.18	3.7	6.66
Current Portion of Leases	1.02	1.08	0.18	-	-	-
Current Unearned Revenue	0.99	1.6	1.27	1.59	0.89	2.01
Other Current Liabilities	0.53	2.92	2.97	4.29	4.52	4.39
Total Current Liabilities	36.7	39.12	36.44	46.77	40.54	47.65
Long-Term Leases	0.57	1.29	-	-	-	-
Other Long-Term Liabilities	0.1	0.15	0.2	0.26	0.32	-
Total Liabilities	37.37	40.55	36.64	47.03	40.86	47.65
Common Stock	0.02	0.02	0.02	0.01	0.01	0.01
Additional Paid-In Capital	241.16	240.14	236.77	230.05	220.29	118.82
Retained Earnings	-220.51	-226.57	-229.38	-209.52	-163.48	-100.07
Comprehensive Income & Other	1.78	2.46	1.88	-0.45	-0.43	0.71
Total Common Equity	22.45	16.05	9.29	20.09	56.39	19.47
Shareholders' Equity	22.45	16.05	9.29	20.09	56.39	42.44
Total Liabilities & Equity	59.81	56.61	45.93	67.13	97.25	90.1
Total Debt	5.58	7.67	3.06	3.18	3.7	6.66
Net Cash (Debt)	29.07	24.65	24.96	18.86	40.01	33.18
Net Cash Growth	26.68%	-1.26%	32.34%	-52.85%	20.60%	-1.81%
Net Cash Per Share	0.77	0.66	0.80	0.66	1.54	1.43
Filing Date Shares Outstanding	37.71	37.49	36.98	28.97	28.29	23.25
Total Common Shares Outstanding	37.71	37.45	36.88	28.7	28.21	23.25
Working Capital	14.84	9.89	4.91	2.31	31.4	37.62
Book Value Per Share	0.60	0.43	0.25	0.70	2.00	0.84
Tangible Book Value	21.89	15.4	8.49	19.08	55.36	18.87
Tangible Book Value Per Share	0.58	0.41	0.23	0.66	1.96	0.81
Machinery	-	11.92	11.26	13.37	15.43	14.31
Leasehold Improvements	-	0.53	0.54	0.59	0.56	0.55

Source: S&P Capital IQ. Standard template. Financial Sources.